RIS ID
143193
Abstract
Double entry accounting emerged in Italy around 1300 and a popular argument as to its emergence is that it was the product of the crusades, which accelerated the wealth and trading advantages of Italian cities (Littleton, 1927). Furthermore, the claim for the invention of double entry in Italy is supported by Littleton (1927). The essence of Littleton’s case is that the Italian cities met seven preconditions necessary for emergence: the art of writing, arithmetic, private property, money, credit, commerce and capital (pp. 140-141).
Publication Details
Wang, J., Zhao, L. & Hooper, K. (2017). Is emergence sufficient to explain the origins of Double Entry?. The ninth Accounting History International Conference (pp. 1-15).